Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.030%
Price spread now: Bybit against HTX+0.296%53s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. Bybit is 0.296% dearer against HTX than usual: you sell high and buy low (spread +0.296% now, against zero (this spread has no 7-day history yet)): +$30 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 9.9 days. The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX SONY-USDT | 23.660 | 0.0100 | pay 0.0100% / 8h | 3h 30m | $8K | $8K | 10x |
| Short | Bybit SONYUSDT | 23.730 | 0 | get 0.0000% / 8h | 3h 30m | $99K | $33K | 25x |
HTX SONY-USDT
Bybit SONYUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against HTX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$21
- Price spread: +0.296% → 0.000%
- $29.59
- Slippage, 4 orders
- no order book: not counted
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$14.41
- Costs to cover
- 0.230%
- Break-even
- from the start
Slippage unknown: HTX: no order-book sample; Bybit: no order-book sample. Net counts fees only.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy HTX no order-book sample | — | — | — | — | — |
| Sell Bybit no order-book sample | — | — | — | — | — |
HTX and Bybit: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
SONY on 8 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance SONYUSDT | 0.0000% | 8h | 23.730 | +0.296% | $352K | $284K | 20x | as long as short |
| Bybit SONYUSDTshort | 0.0000% | 8h | 23.730 | +0.296% | $99K | $33K | 25x | |
| OKX SONY-USDT-SWAP | 0.0000% | 8h | 23.720 | +0.254% | $75K | $30K | 10x | as long as short |
| Gate SONY_USDT | 0.0000% | 8h | 23.738 | +0.330% | $64K | $997 | 20x | as long as short |
| Bitget SONYUSDT | 0.0000% | 8h | 23.711 | +0.216% | $149K | $8K | 20x | as long as short |
| Variational Omni SONY | 0.0000% | 8h | 23.736 | +0.321% | $47K | $41K | — | as long as short |
| HTX SONY-USDTlong | +0.0100% | 8h | 23.660 | long leg | $8K | $8K | 10x | |
| KuCoin SONYUSDTM | +0.0587% | 8h | 23.760 | +0.423% | $51K | $384K | 20x | as long as short |
Binance SONYUSDT
OKX SONY-USDT-SWAP
Gate SONY_USDT
Bitget SONYUSDT
Variational Omni SONY
KuCoin SONYUSDTM